99-yearOCRDistrict 23 (Bukit Panjang)

The Skywoods

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2026 (URA)
Quick Summary

The Skywoods is a 99-year condominium in District 23 (Bukit Panjang) that obtained TOP in 2016, with 420 units across 7 blocks. Across 543 transactions on record, units have recently transacted around S$1.59M (S$1,708 psf, ~947 sqft). There are 72 units for sale from S$850k to S$2.48M. The lease has approximately 85 years remaining.

1

What are the key facts about The Skywoods?

Key Takeaway

The Skywoods is a 99-year condominium in District 23 (Bukit Panjang) that obtained TOP in 2016, with 420 units across 7 blocks.

Tenure
99-year
TOP / Completion
2016
Developer
BUKIT TIMAH GREEN DEVELOPMENT PTE LTD
Total units
420
Blocks
7
District / Area
District 23 (Bukit Panjang)
Market segment
OCR
Median PSF
S$1,708 psf
Last transacted
Jun 2026
Remaining lease
≈ 85 years
2

What is the price and PSF at The Skywoods?

Key Takeaway

Units have recently transacted around S$1.59M (S$1,708 psf), at a gross rental yield of about 2.3% (URA caveat data).

Recent median price

S$1.59M

recent · 543 sales on record

Median PSF

S$1,708 psf

recent transactions

Median rent (monthly)

S$3,030

637 rentals on record

Gross rental yield

2.3%

indicative, gross

Units currently for sale are asking a median of S$1,595 psf — about 7% below the most recent transacted PSF.

Source: URA caveat data, through Jun 2026.

3

What has recently sold at The Skywoods?

Key Takeaway

The Skywoods has 543 recorded sales; the most recent transacted at S$1,510,000 in Jun 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jun 2026S$1,510,000872S$1,732 psf
Jun 2026S$1,760,0001,012S$1,739 psf
May 2026S$1,540,000872S$1,766 psf
Apr 2026S$1,820,0001,066S$1,708 psf
Apr 2026S$2,350,0001,346S$1,747 psf
Mar 2026S$940,000624S$1,506 psf
Mar 2026S$1,008,000624S$1,615 psf
Feb 2026S$1,680,0001,012S$1,660 psf
Feb 2026S$1,888,0001,066S$1,772 psf
Dec 2025S$1,590,000947S$1,679 psf
Dec 2025S$1,588,000947S$1,676 psf
Nov 2025S$1,780,0001,012S$1,759 psf

543 sales and 637 rentals on record since Sept 2013. Source: URA.

4

Are prices at The Skywoods rising?

Key Takeaway

The median transacted PSF at The Skywoods has risen 47% over the past 10 years (20162026), from S$1,181 psf to S$1,732 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,732 psfS$1.68M9+2.5%
2025S$1,689 psfS$1.68M26+4.3%
2024S$1,619 psfS$1.58M19+4.6%
2023S$1,548 psfS$1.47M12+7.2%
2022S$1,444 psfS$1.43M22+7.2%
2021S$1,347 psfS$1.35M37+5.2%
2020S$1,281 psfS$1.21M14-2.1%
2019S$1,309 psfS$1.18M7+8.3%
2018S$1,209 psfS$1.30M4+2.4%
2016S$1,181 psfS$1.19M52

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around The Skywoods?

Key Takeaway

8,239 CEA-registered agents closed at least one recorded deal in District 23 — where The Skywoods sits — in the last 12 months, across all property types.

Active agents · 12mo

8,239

District 23 · closed ≥1 deal

Deals on record

37,803

all-time · all property types

Source: CEA public transaction records, attributed to District 23across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

What bedroom types are available at The Skywoods?

Key Takeaway

The Skywoods has 72 units listed for sale, spanning 1–4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom11S$850k–S$1.89MS$1,742 psf
2-bedroom9S$889k–S$1.23MS$1,530 psf
3-bedroom44S$1.60M–S$1.99MS$1,595 psf
4-bedroom8S$2.17M–S$2.48MS$1,841 psf
7

Where is The Skywoods and what's nearby?

Key Takeaway

The Skywoods is located in Bukit Panjang, in the West Region of Singapore.

The Skywoods is a 99-year condominium completed in 2016. It was developed by BUKIT TIMAH GREEN DEVELOPMENT PTE LTD. The development has 420 residential units. It sits on a land area of 17,546 sqm and has a gross floor area of 36,847 sqm. The plot ratio is 2.1.

THE SKYWOODS is located at 3 Dairy Farm Heights, Singapore 677661. It is part of District 23, Hillview / Dairy Farm / Bukit Panjang / Choa Chu Kang, Bukit Panjang. The project falls within the West Region and the OCR market segment.

The nearest rail connection is Hillview MRT, approximately 537m away, around 8 minutes on foot. Nearby amenities include HillV2 for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, and Chestnut Dr Pg for greenery and recreation. Facilities in the development include Drop Off Point, Fitness corner, Function room, Lap pool, Lift lobby, and Main entrance.

8

Who built The Skywoods and how big is the development?

Key Takeaway

The Skywoods was developed by BUKIT TIMAH GREEN DEVELOPMENT PTE LTD, designed by MAPS DESIGN STUDIO, with 420 units over up to 15 storeys.

Developer
BUKIT TIMAH GREEN DEVELOPMENT PTE LTD
Architect
MAPS DESIGN STUDIO
Main contractor
NOVELTY BUILDERS PTE LTD
Floors
15 storeys
Blocks
7
Land area
17,546 sqm (188,863 sqft)
Gross floor area
36,847 sqm (396,617 sqft)
Plot ratio
2.10
9

How far is The Skywoods from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Skywoods is Hillview MRT, about 537 m away (~8 min walk). 4 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Chij Our Lady Queen Of PeacePrimary schoolwithin 1 km · P1 priority455 m
  • Assumption English SchoolSecondary schoolwithin 1 km618 m
  • Assumption Pathway SchoolSecondary schoolwithin 1 km769 m
  • Bukit Panjang Primary SchoolPrimary schoolwithin 1 km · P1 priority955 m
  • Greenridge Secondary SchoolSecondary school1.4 km
  • Zhenghua Primary SchoolPrimary school1.6 km

Shops, food & parks

Mall: HillV2 · 840 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 705 mPark: Chestnut Dr Pg · 380 m

Straight-line distances from the development. Source: PropKaki amenities data.

10

What facilities does The Skywoods have?

Key Takeaway

The Skywoods has 8 facilities, including Drop Off Point, Fitness corner, Function room, Lap pool, and more.

Drop Off PointFitness cornerFunction roomLap poolLift lobbyMain entrance24 hours securityTennis courts
11

What does it cost to own a unit at The Skywoods?

Key Takeaway

Buying a unit at The Skywoods (~S$1.59M) needs about S$11,639/mo in income and S$5,355/mo in repayments, after S$49,100 stamp duty and a S$398k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.59M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$49,100

BSD, tiered

Downpayment (25%)

S$398k

cash + CPF

Monthly instalment

S$5,355/mo

30y @ 3.5%

Income required

S$11,639/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

Keep going in the PropKaki app

Thinking about The Skywoods? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from The Skywoods's own transactions.

PropKaki
Is The Skywoods a good buy, and what are units selling for?

Recent units at The Skywoods sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
12

Frequently asked questions about The Skywoods

How much does a unit at The Skywoods cost?

Units at The Skywoods have recently transacted around S$1.59M (S$1,708 psf), from 543 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at The Skywoods?

For a unit around S$1.59M as a first home, you'd need roughly S$11,639/mo in income (assessed at the stress-test rate), with repayments near S$5,355/mo after a S$398k (25%) downpayment and S$49,100 Buyer's Stamp Duty.

Is The Skywoods a good investment?

Gross rental yield is about 2.3%, and current asking prices sit about 7% below the most recent transacted PSF; median PSF has risen about 47% since 2016. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at The Skywoods going up?

The median transacted PSF at The Skywoods has risen about 47% between 2016 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is The Skywoods freehold or leasehold?

The Skywoods is 99-year, with approximately 85 years remaining on the lease.

When was The Skywoods built and who developed it?

The Skywoods obtained TOP in 2016, developed by BUKIT TIMAH GREEN DEVELOPMENT PTE LTD, with 420 units across 7 blocks.

How many units are for sale at The Skywoods?

There are 72 units for sale at The Skywoods, from S$850k to S$2.48M.

What is the nearest MRT to The Skywoods?

The nearest MRT/LRT station to The Skywoods is Hillview MRT, about 537 m away (~8 min walk).

Which primary schools are within 1 km of The Skywoods?

Chij Our Lady Queen Of Peace, Bukit Panjang Primary School are within 1 km of The Skywoods — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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